The project has 35 members total. How many communication channels do we have?

(a) 222 (b) 595 (c) 1004 (d) 1204

We want to have no more than 340 communication channels, what is the largest team we can have?

Every so often a management idea escapes from the pages of the Harvard Business Review and becomes part of the zeitgeist. In the 1990s it was “re-engineering”. Today it is “disruptive innovation”. TechCrunch, a technology-news website, holds an annual “festival of disruption”. CNBC, a cable-news channel, produces an annual “disruptor list” of the most disruptive companies. Mentioning “disruptive innovation” adds a veneer of sophistication to bread-and-butter speeches about education or health care. But just what is disruptive innovation?

The theory of disruptive innovation was invented by Clayton Christensen, of Harvard Business School, in his book “The Innovator’s Dilemma”. Mr Christensen used the term to describe innovations that create new markets by discovering new categories of customers. They do this partly by harnessing new technologies but also by developing new business models and exploiting old technologies in new ways. He contrasted disruptive innovation with sustaining innovation, which simply improves existing products. Personal computers, for example, were disruptive innovations because they created a new mass market for computers; previously, expensive mainframe computers had been sold only to big companies and research universities.

The “innovator’s dilemma” is the difficult choice an established company faces when it has to choose between holding onto an existing market by doing the same thing a bit better, or capturing new markets by embracing new technologies and adopting new business models. IBM dealt with this dilemma by launching a new business unit to make PCs, while continuing to make mainframe computers. Netflix took a more radical move, switching away from its old business model (sending out rental DVDs by post) to a new one (streaming on-demand video to its customers). Disruptive innovations usually find their first customers at the bottom of the market: as unproved, often unpolished, products, they cannot command a high price. Incumbents are often complacent, slow to recognize the threat that their inferior competitors pose. But as successive refinements improve them to the point that they start to steal customers, they may end up reshaping entire industries: classified ads (Craigslist), long distance calls (Skype), record stores (iTunes), research libraries (Google), local stores (eBay), taxis (Uber) and newspapers (Twitter).

Partly because of disruptive innovation, the average job tenure for the CEO of a Fortune 500 company has halved from ten years in 2000 to less than five years today. There is good reason to think that the pace of change will increase, as computer power increases and more things are attached to the internet, expanding its disruptive influence into new realms. Google promises to reinvent cars as autonomous vehicles; Amazon promises to reinvent shopping (again) using drones; 3D printing could disrupt manufacturing. But perhaps the most surprising disruptive innovations will come from bottom-of-the-pyramid entrepreneurs who are inventing new ways of delivering education and health-care for a fraction of the cost of current market leaders.

QUESTIONS

If every new product has a first-mover advantage, then why do products fail?

Do you view 3D printing as sustaining or disruptive technology? Choose one of the products listed and determine what the company could have done to prevent the product from failing.

Can you name another technology product that failed? Why did it fail? What could the company have done differently for it to succeed?

what are some health, wellness, clinic/hospital, medication, or supplement-related to logical fallacies (reasoning errors)?

A cognitive characteristic of creative people is that they _____.

Turning Ethopia into china's China: Why are Chinese companies investing in Africa?

Remember a few months ago when I mentioned that we would really like to open another location for our business? Well, the time has come.

I have found the perfect location, it is in a good location to attract customers and the price is right for a one year lease! The only problem is that the unit we are considering renting is a bit of a mess and needs significant repair from the damage done by the last tenants. The landlord has offered to do some of it, however, we are going to have to replace the flooring entirely, add a reception area including a countertop and desk area and install some heavy-duty shelving in the backroom to hold our supplies.

These renovations would have a significant cost to them and I am a bit concerned about outlaying that amount of capital in this circumstance. Can you please explain if we should be concerned about this and include any recommendations you may have on how to proceed?

Finally, it has become so popular I’m getting a bit concerned that someone is going to try and use our name and marketing slogan. Can you please explain if there is any way we can protect this and provide any details you can talk about the process and timing by property law?

The most widely asked and most widely feared interview question is, "Tell me about yourself." Knowing this question is coming, you should each have a succinct, thoughtful, and meaningful response prepared. This short personal selling statement is often referred to as an elevator pitch because it could be delivered in the span of an elevator ride. Once mastered, this pitch can be used in job interviews, as the basis for cover letters or email introductions, at career fairs, or in more informal social settings. For this assignment, you should deliver a one-minute pitch to help you make a good first impression. You will submit a VIDEO file delivering your message to the audience through the camera (when delivering a video message remember: eye contact is still just as important as in face-to-face interactions, you should select a clear wall or area for the background, you should eliminate background noise or interference, you should center your face in the frame of the screen, etc.). You should use the company and industry knowledge you have gained to frame your qualifications and assets. Your textbook highlights five key parts of an elevator speech: Hook (attention getter) + Information about you What you have to offer Benefits; What is in it for the audience An example or anecdote to summarize A call to action.

a) Calculate mean duration and standard deviation for all the activities using the beta distribution. [4pts]
  
b) Construct a network diagram for this problem using the mean durations calculated in part (a), calculate the LS(Foll.), ES(Prec.) and total float for all the activities, and hence identify the critical path . What is the mean completion time for the project? What is the standard deviation of the critical path? [30 pts ]
  
c) What is the 92% confidence interval for the length of the critical path? [4 pts]
  
d) Assuming the probability distribution of the length of the critical path can be approximated by a normal distribution with the mean and standard deviation calculated in part (b), calculate the probability of completing the project within 42 weeks. [4 pts]

e) Calculate the probability of completing the project between 35 and 40 weeks? [4 pts]
  
f) Answer the project manager’s question: “I want to tell the client that there is a 10.03% chance the project will take longer than X weeks _{- what figure should I give them (i.e. find X)?” [4]}

(please show work step by step and excel file)

Assembly Line Assignment:

This week you are going to design and balance an assembly line. We are going to take the simple task of making cupcakes, break the work up into stations, calculate cycle times for each station, balance the work load between stations, and calculate the efficiency of the operation. The steps for the assignment are below.

1)Design an assembly line to manufacture cupcakes from scratch.

2)Balance the assembly line.

3)Measure the efficiency.

Assignment Format: The best way to do this is Excel. You can use cell borders and insert shapes to build the assembly line. Use the math functions in Excel to balance your line and calculate efficiencies. The final report should be in Word in APA format. Use the following sections.

1)Introduction-how you set up the line, what is done at each station and cycle time. You can cut and paste in your diagram from Excel.

2)Line Balance-what you did to balance the line, you can copy in your Excel work if needed.

3)Efficiency-provide and analyze the operational efficiency.

Leadership defined: In your own words, define what successful leadership is and how leadership and management differ in an office setting. Consider what successful leadership “looks like” to you.